{"url":"https://nivawealth.com/firms/compass-financial-advisory-services-316843","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/316843","regulatoryAum":527155793,"crd":"316843","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"2728694","suffix":null,"lastName":"BOYLE","firstName":"BRUCE","middleName":"STEVEN"},{"crd":"7767522","suffix":null,"lastName":"Cecere","firstName":"John","middleName":"Richard"},{"crd":"8014742","suffix":null,"lastName":"Hubbard","firstName":"Madeleine","middleName":"Johanna"},{"crd":"7820922","suffix":null,"lastName":"Myrick","firstName":"Sarah","middleName":"Nash"},{"crd":"2546811","suffix":null,"lastName":"SANDERS","firstName":"TARA","middleName":"ASHLEY"},{"crd":"4884656","suffix":null,"lastName":"TANKSLEY","firstName":"LAUREN","middleName":"ROSE"}],"total":6,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2022-05-26","regulatoryAum":271003445,"clients":668,"employees":3,"offices":1},{"filedOn":"2023-03-24","regulatoryAum":295936077,"clients":749,"employees":3,"offices":1},{"filedOn":"2024-03-18","regulatoryAum":325260870,"clients":751,"employees":10,"offices":1},{"filedOn":"2025-07-14","regulatoryAum":443752515,"clients":941,"employees":12,"offices":1},{"filedOn":"2026-08-12","regulatoryAum":527155793,"clients":1031,"employees":11,"offices":1}],"secFileNumber":"801-123037","legalName":"Compass Financial Advisory Services, LLC","displayName":"Compass Financial Advisory Services","slug":"compass-financial-advisory-services-316843","website":"https://compassfinancial.us/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Florida limited liability company","fiscalYearEnd":"December","headquarters":{"street":"880 Airport Road, Suite 112a","city":"Ormond Beach","state":"FL","stateName":"Florida","country":"United States","postalCode":"32174"},"tradeNames":[],"registration":{"secApproved":"13 January 2022","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":511305.3278370514,"staff":{"employees":11,"advisory":6,"brokerDealerReps":0,"insuranceAgents":5,"promoters":0},"aum":{"regulatory":527155793,"discretionary":522029602,"discretionaryAccounts":982,"nonDiscretionary":5126191,"nonDiscretionaryAccounts":49,"wrapProgram":527155793,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":669,"regulatoryAum":158889768},{"label":"High-net-worth individuals","clients":362,"regulatoryAum":368266025}],"feePrograms":[],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T07:47:23.302512+00:00","documents":[{"name":"COMPASS FINANCIAL ADVISORY GROUP - DISCLOSURE BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1054664","versionId":1054664,"submittedOn":"2026-08-12"}]},"custodians":[{"name":"Pershing LLC","shortName":"Pershing","location":"Jersey City, NJ","smaAssets":525683485}],"custodyNote":"Compass Financial Advisory Services does not have custody of client assets.","leadership":[{"name":"Thomas Massebeau","title":"President","crd":"2525309"},{"name":"Tara Sanders","title":"Managing Member / CEO / CCO","crd":"2546811"}],"ownership":[{"label":"Tara Sanders","detail":"Managing member / ceo / cco in the 50% to 75% ownership band and a control person, since September 2021."},{"label":"Compass Financial Management Group, Inc.","detail":"Member in the 25% to 50% ownership band and a control person, since September 2021."},{"label":"Compass Financial Management","detail":"Member in the 25% to 50% ownership band and a control person, since September 2021."},{"label":"Thomas Massebeau","detail":"Indirect owner: managing member of Compass Financial Management Group, Inc. and a control person, since February 1996.","parent":"Compass Financial Management Group, Inc."}],"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Florida","offices":1,"addresses":[{"street":"880 Airport Road, Suite 112a","city":"Ormond Beach","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"386-673-5191","stateRegisteredReps":6,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":1},{"label":"Non-exchange-traded equity securities","percent":97},{"label":"Securities issued by registered investment companies or business development companies","percent":1},{"label":"Cash and cash equivalents","percent":1}],"privateFunds":0},"sources":{"adv1FilingDate":"12 August 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/316843/PDF/316843.pdf","brochureDate":"12 August 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1054664","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Compass Financial Advisory Services have?","answer":"Compass Financial Advisory Services has 1,031 clients and manages $527 million for them, as of August 2026. They include 669 individual clients and 362 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 12 August 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Compass Financial Advisory Services offer?","answer":"Compass Financial Advisory Services provides financial planning and portfolio management for individuals and small businesses.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Compass Financial Advisory Services use?","answer":"Compass Financial Advisory Services’ separately managed account assets are held at Pershing LLC (Jersey City, NJ), with $526M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 12 August 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Compass Financial Advisory Services have?","answer":"Compass Financial Advisory Services has 6 investment adviser representatives registered with state securities authorities, out of 11 employees, and 6 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 5 employees are licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Compass Financial Advisory Services invest in?","answer":"At the end of its last fiscal year, Compass Financial Advisory Services’ separately managed accounts held 97% non-exchange-traded equities, 1% exchange-traded equities, 1% registered funds (mutual funds, ETFs, BDCs) and 1% cash and equivalents.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Compass Financial Advisory Services?","answer":"Compass Financial Advisory Services’ direct owners are Tara Sanders (50% to 75%), Compass Financial Management Group, Inc. (25% to 50%) and Compass Financial Management (25% to 50%).","source":"Form ADV Part 1A, Schedules A and B, filed 12 August 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Compass Financial Advisory Services get paid?","answer":"Compass Financial Advisory Services is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Is Compass Financial Advisory Services registered with the SEC?","answer":"Yes, Compass Financial Advisory Services has been registered with the SEC as an investment adviser since 13 January 2022. Its CRD number is 316843 and its SEC file number is 801-123037.","source":"Form ADV Part 1A, Item 1, filed 12 August 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Compass Financial Advisory Services?","answer":"Compass Financial Advisory Services’ main office is at 880 Airport Road, Suite 112a, Ormond Beach, FL 32174. Its phone number is 386-673-5191. Its website is compassfinancial.us.","source":"Form ADV Part 1A, Item 1.F, filed 12 August 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}